The Great Resignation
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The Great Resignation
The Great Resignation, also known as the Big Quit and the Great Reshuffle, was a mainly American economic trend in which employees voluntarily resigned from their jobs ''en masse'', beginning in early 2021 during the COVID-19 pandemic. Among the most cited reasons for resigning included wage stagnation amid rising cost of living, limited opportunities for career advancement, hostile work environments, lack of benefits, inflexible remote-work policies, and long-lasting job dissatisfaction. Most likely to quit were workers in hospitality, healthcare, and education. In addition, many of the resigning workers were retiring baby boomers, who are one of the largest demographic cohorts in the United States. Some economists have described the Great Resignation as akin to a general strike, especially with regards to retail workers. However, workforce participation in some regions had returned to or even exceeded the pre-pandemic rate. This suggests that instead of remaining out of th ...
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Great Recession
The Great Recession was a period of market decline in economies around the world that occurred from late 2007 to mid-2009.“US Business Cycle Expansions and Contractions”
United States NBER, or National Bureau of Economic Research, updated March 14, 2023. This government agency dates the Great Recession as starting in December 2007 and bottoming-out in June 2009.
The scale and timing of the recession varied from country to country (see map). At the time, the International Monetary Fund (IMF) concluded that it was the most severe economic and financial meltdown since the Great Depression. The causes of the Great Recession include a combination of vulnerabilities that developed in the financial system ...
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UCL School Of Management
The UCL School of Management is the business school of University College London (UCL). The School offers undergraduate, postgraduate, PhD and executive programmes in management, entrepreneurship, business analytics, business information systems, and finance. History UCL's Department of Management Science and Innovation was established in 2007 along with UCL Advances, UCL's centre for business interaction and entrepreneurship. Steven C. Currall held the founding chair of the department. The department was established during a period of partnership between UCL and London Business School (LBS), both of which are constituent colleges of federal University of London and the department initially offered a master's degree in Technology Entrepreneurship and an undergraduate degree in Information Management for Business. The department grew significantly between 2007 and 2015 and expanded its offerings to include a master's in Management and bachelor's degree in Management Science. In A ...
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Microsoft
Microsoft Corporation is an American multinational corporation and technology company, technology conglomerate headquartered in Redmond, Washington. Founded in 1975, the company became influential in the History of personal computers#The early 1980s and home computers, rise of personal computers through software like Windows, and the company has since expanded to Internet services, cloud computing, video gaming and other fields. Microsoft is the List of the largest software companies, largest software maker, one of the Trillion-dollar company, most valuable public U.S. companies, and one of the List of most valuable brands, most valuable brands globally. Microsoft was founded by Bill Gates and Paul Allen to develop and sell BASIC interpreters for the Altair 8800. It rose to dominate the personal computer operating system market with MS-DOS in the mid-1980s, followed by Windows. During the 41 years from 1980 to 2021 Microsoft released 9 versions of MS-DOS with a median frequen ...
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Job Seekers Ratio
Work, labor (labour in Commonwealth English), occupation or job is the intentional activity people perform to support the needs and desires of themselves, other people, or organizations. In the context of economics, work can be seen as the human activity that contributes (along with other factors of production) towards the goods and service (economics), services within an economy. Work has existed in all human societies, either as Payment, paid or unpaid work, from hunting and gathering, gathering natural resources by hand in hunter-gatherer groups to operating complex technology, technologies that mechanization, substitute for physical or automation, even mental effort within an Agriculture, agricultural, Industry (economics), industrial, or post-industrial society. All but the simplest tasks in any work require specific skills, tools, and other resources, such as material for manufacturing goods. Humanity has developed a variety of institutions for group coordination of work, ...
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Virtual Meeting Of TCAP NLO, NLA, RCA-NR And ARASIA Representatives (08010836) (50670373548)
Virtual may refer to: * Virtual image, an apparent image of an object (as opposed to a real object), in the study of optics * Virtual (horse), a thoroughbred racehorse * Virtual channel, a channel designation which differs from that of the actual radio channel (or range of frequencies) on which the signal travels * Virtual function, a programming function or method whose behaviour can be overridden within an inheriting class by a function with the same signature * Virtual machine, the virtualization of a computer system * Virtual meeting, or web conferencing * Virtual memory, a memory management technique that abstracts the memory address space in a computer * Virtual particle, a type of short-lived particle of indeterminate mass * Virtual reality (virtuality), computer programs with an interface that gives the user the impression that they are physically inside a simulated space * Virtual world, a computer-based simulated environment populated by many users who can create a persona ...
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Child Care
Child care, also known as day care, is the care and supervision of one or more children, typically ranging from three months to 18 years old. Although most parents spend a significant amount of time caring for their child(ren), childcare typically refers to the care provided by caregivers who are not the child's parents. Childcare is a broad topic that covers a wide spectrum of professionals, institutions, contexts, activities, and social and cultural conventions. Early childcare is an important and often overlooked component of child development. A variety of people and organizations are able to care for children. The child's extended family may also take on this caregiving role. Another form of childcare is that of center-based childcare. In lieu of familial caregiving, these responsibilities may be given to paid caretakers, orphanages or foster homes to provide care, housing, and schooling. Professional caregivers work within the context of center-based care (including cr ...
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Service Industries
Service industries are those not directly concerned with the production of physical goods (such as agriculture and manufacturing). Some service industries, including transportation, wholesale trade and retail trade are part of the supply chain delivering goods produced in the agricultural and manufacturing sectors to final consumers. Other services are provided directly to consumers: these include health care, education, information services, legal services, financial services, and public administration. The service sector accounts for around 70-80 per cent of employment in modern economies. Service industries in the three-sector model In the three-sector model of the economy, widely used in the 20th century, the service sector was assigned the role of transporting, distributing and selling goods produced in the manufacturing (secondary sector), and was therefore described as the tertiary sector of the economy. However, the majority of service employment is now found in ac ...
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Economic Stability
Economic stability is the absence of excessive fluctuations in the macroeconomy. An economy with fairly constant output growth and low and stable inflation would be considered economically stable. An economy with frequent large recessions, a pronounced business cycle, very high or variable inflation, or frequent financial crises would be considered economically unstable. Measures Real macroeconomic output can be decomposed into a trend and a cyclical part, where the variance of the cyclical series derived from the filtering technique (e.g., the band-pass filter, or the most commonly used Hodrick–Prescott filter) serves as the primary measure of departure from economic stability. A simple method of decomposition involves regressing real output on the variable "time", or on a polynomial in the time variable, and labeling the predicted levels of output as the trend and the residuals as the cyclical portion. Another approach is to model real output as difference stationary wit ...
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United States Department Of Labor
The United States Department of Labor (DOL) is one of the executive departments of the U.S. federal government. It is responsible for the administration of federal laws governing occupational safety and health, wage and hour standards, unemployment benefits, reemployment services, and occasionally, economic statistics. It is headed by the secretary of labor, who reports directly to the president of the United States and is a member of the president's Cabinet. The purpose of the Department of Labor is to foster, promote, and develop the well-being of the wage earners, job seekers, and retirees of the United States; improve working conditions; advance opportunities for profitable employment; and assure work-related benefits and rights. In carrying out this mission, the Department of Labor administers and enforces more than 180 federal laws and thousands of federal regulations. These mandates and the regulations that implement them cover many workplace activities for about 10 ...
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Jobs And Quits Rate
Jobs may refer to: * Job, an activity that people do for regular income gain People Jobs is a surname mainly of German origin, some notable people with the surname include: * Steve Jobs (1955–2011), co-founder and former CEO of Apple Inc * Eve Jobs (born 1998), American fashion model, daughter of Steve Jobs * Laurene Powell Jobs (born 1963), American billionaire businesswoman and executive, widow of Steve Jobs * Lisa Brennan-Jobs (born 1978), American writer, daughter of Steve Jobs * Reed Jobs (born 1991), American venture capitalist, son of Steve Jobs Arts and entertainment * ''Jobs'' (film), a 2013 biographical film based on the life of Steve Jobs * Jobs, a major character from K. A. Applegate's '' Remnants'' series * Jobs, a character in the anime and manga series ''Eureka Seven'' * ''Final Fantasy'' character jobs, character classes in the ''Final Fantasy'' video game series Places in the United States * Jobs, Ohio, an unincorporated community * Jobs Peak, a mountain ...
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Artificial Intelligence
Artificial intelligence (AI) is the capability of computer, computational systems to perform tasks typically associated with human intelligence, such as learning, reasoning, problem-solving, perception, and decision-making. It is a field of research in computer science that develops and studies methods and software that enable machines to machine perception, perceive their environment and use machine learning, learning and intelligence to take actions that maximize their chances of achieving defined goals. High-profile applications of AI include advanced web search engines (e.g., Google Search); recommendation systems (used by YouTube, Amazon (company), Amazon, and Netflix); virtual assistants (e.g., Google Assistant, Siri, and Amazon Alexa, Alexa); autonomous vehicles (e.g., Waymo); Generative artificial intelligence, generative and Computational creativity, creative tools (e.g., ChatGPT and AI art); and Superintelligence, superhuman play and analysis in strategy games (e.g., ...
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Robotics
Robotics is the interdisciplinary study and practice of the design, construction, operation, and use of robots. Within mechanical engineering, robotics is the design and construction of the physical structures of robots, while in computer science, robotics focuses on robotic automation algorithms. Other disciplines contributing to robotics include electrical engineering, electrical, control engineering, control, software engineering, software, Information engineering (field), information, electronics, electronic, telecommunications engineering, telecommunication, computer engineering, computer, mechatronic, and materials engineering, materials engineering. The goal of most robotics is to design machines that can help and assist humans. Many robots are built to do jobs that are hazardous to people, such as finding survivors in unstable ruins, and exploring space, mines and shipwrecks. Others replace people in jobs that are boring, repetitive, or unpleasant, such as cleaning, ...
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